We’re excited to bring you the weekly updates, insights, and opportunities to enhance your trading experience with Delta Exchange.
WEEKLY SNAPSHOT
Note: Last Price mentioned above are as observed on 5th Jun, 11:59 PM IST.
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CRYPTO NEWS
- An analyst from CMC Markets, Carlo Pruscino, says that if the US Federal Reserve cuts interest rates sooner than expected, Bitcoin could rise to $112,000. While the Fed is likely to hold rates steady in June, uncertainty around tariffs and trade policies remains. The upcoming US jobs report on June 6 will be crucial; a strong report could delay rate cuts, possibly limiting Bitcoin’s rise, while weaker data might boost its price. (Source: Cointelegraph)
- Bitcoin ETFs saw $278 million in outflows as market sentiment turned to fear amid a public feud between Donald Trump and Elon Musk. The Fear & Greed Index flipped from “Greed” to “Fear,” sparking investor caution. ARK Invest’s ARKB led the outflows with $102 million. Meanwhile, Ether ETFs continued their winning streak with $11.3 million in inflows, marking the 14th straight day of gains—though lower than earlier this week. BlackRock added to the momentum by purchasing $50 million worth of ETH on June 3. (Source: The Cointelegraph)
- Trump Media and Yorkville America Digital filed for a Truth Social Bitcoin ETF with the SEC. If approved, it will be part of a series of “America First” crypto funds. This adds to Trump’s growing crypto ventures, including NFTs, a meme coin, and a major stake in World Liberty Financial. (Source: decrypt)
- The crypto market shed $170 billion in value as Bitcoin dropped to a 4-week low near $101,000, driven by a public fallout between President Trump and Elon Musk. Their escalating online clash, including Musk’s explosive Epstein claim, spooked markets and led to nearly $1B in liquidations—mostly from long positions. The total crypto market cap briefly dipped to $3.26T before a slight recovery. Analysts warn further downside is possible if key support levels break. (Source: cryptopotato)
- Japanese firm Metaplanet has launched a $5.4 billion equity raise through the issuance of 555 million shares over two years to fund further bitcoin purchases. The goal is to accumulate 210,000 BTC by 2027, joining the “bitcoin 1% club.” Currently holding 8,888 BTC, the company aims to reach 30,000 BTC by end-2025 and 100,000 by 2026. The raise, dubbed the “555 Million Plan,” follows its earlier “210 Million Plan” and will use moving strike warrants, convertible bonds, and other instruments to achieve its targets. (Source: The block)
OPTIONS OI ANALYTICS FOR UPCOMING WEEK
OI Analytics for the upcoming week: BTCUSD
Significant Put writing starts at 100,000 strike while significant Call writing starts at 108,000 strike. PCR of 0.36 points to a bearish sentiment for the coming week as heavy calls are written as compared to Puts.
OI Analytics for the upcoming week: ETHUSD
Significant Put writing starts at 2200 strike while Call writing starts from 2700 strike.PCR of 0.51 points to bearish market sentiments for the upcoming week.
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UPDATES FROM THE DELTA EXCHANGE TEAM
The Delta Exchange will be setting up a booth at Wealth Expo in Chennai on 14-15 Jun.
Wealth Expo - Chennai
Venue: Anna Centenary Auditorium
Date: 14-15 Jun, 2025
Time: 9:00 AM to 7:00 PM
This is a fantastic opportunity to connect with us and explore our innovative product offerings that can enrich your trading experience. Visit our stall to learn more about our platform, features, and the unique solutions we bring to the table for traders like you.
Mark your calendars and drop by to discover why Delta Exchange is the ultimate choice for Crypto F&O. See you in Chennai!
If you need any assistance or have any questions, our dedicated customer support team is here to help you, please write to us here.
Happy Trading!
Delta Exchange Team.